Bitcoin ($BTC) is reminding crypto-natives and showing the TradFi world for the first time how fast it can move when it wants to. TradFi investors are not used to seeing a trillion-dollar asset move like a racehorse. Market sentiment is running red hot, and altcoins are gearing up for a massive leg up. God candle? $BTC just printed its biggest-ever monthly candle, and things are only just getting started.
What cryptos to buy now to take full advantage of bullish conditions? ICOs are ready to fly in the coming weeks, and the Galaxy Fox ($GFOX) presale is 96% sold out. Bitcoin rallying and Ethereum catching up are clear signs that altcoin season will start soon, and investors furthest out on the risk curve will start printing crazy returns.
Bitcoin ($BTC) Prints God Candle
Bitcoin’s performance in February was a wonder to behold, and this $20,000 gain is $BTC’s biggest-ever monthly candle denominated in USD. This monthly close was a massive win for bulls, and driving this crazy price action is TradFi’s insatiable demand for $BTC ownership. The Spot ETFs were the best thing ever to happen to the $BTC order books, and the constant inflows continue to push price higher.
Spot ETFs have been big business for institutions and are the most successful ETF product of the last three decades. Issuers continue to absorb $BTC at an alarming rate and are already in control of over 3% of the total supply. Tim Buckley, the Vanguard CEO, has stepped down after taking a famous anti-BTC stance, and a reasonable conclusion is that Vanguard will start offering a Bitcoin Spot ETF soon.
Surging over $20,000 in a single month is crazy, especially for an asset of Bitcoin’s size. And with the halving less than 50 days out, $BTC is one of the best cryptocurrencies to buy over the coming weeks.
Galaxy Fox ($GFOX) Presale 96% Sold Out
Galaxy Fox’s presale nearing sell-out has been turning heads. The race is on to acquire the last batch of undervalued $GFOX tokens before the retail launch and the inevitable repricing event. What cryptos to buy now? $GFOX should be at the top of your list.
Small caps have historically been the best performers in bullish conditions. Bitcoin’s god candle has cleared the runway for projects like $GFOX to print insane returns, and forecasts already predict a 100X rally before the end of Q2 this year. Driving Galaxy Fox’s impressive growth is its dual narrative support.
This hybrid model enjoys a dual upside from the growing appetite for memecoins and the burgeoning GameFi narrative. These tailwinds are pouring rocket fuel on this small cap. Employing a classic memecoin build with deflationary tokenomics, viral branding, and a P2E game is a smash-hit value proposition.
Galaxy Fox’s Web3 runner game pays out prizes and opens up an earning avenue for users. Staking rewards are another income source, and then, in the background, the token burn reduces the total supply, helping $GFOX holders accrue around the clock without lifting a finger. It is the perfect crypto for beginners who want to net 100X returns this cycle.
Closing Thoughts: Altcoin Season Brewing
Bitcoin god candle, check. Ethereum rallying, check. The next rotation will be into altcoins, and anybody asking what cryptos to buy now has their answer. In the next twelve months, altcoins are going to run wild.
Galaxy Fox is a unique opportunity, and joining a small cap yet to go to market just before an altcoin season breaks out is the kind of move that teleports a four-figure investment into six. Join the presale today.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.